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yeah a lot of shareholders have been badly burnt here and we need lots more (good) news to drive the SP back up. sentiment still overwhelmingly poor on this one. I feel sorry for LTH who came in at £3-4 thinking the only way from there was up. what goes up must come down (and in this case down, down, down, down, down - until today at least). 57p please, then up from there.
it could spike to 5p on LOI, but might drift down to settle at 2-3p after that, until next key milestone. my previous fag packet was 30-40p once operational (in 2023), but as somebody pointed out - it all depends on the financing. may only be half that, but do the maths - this is 0.7p at the moment!
I'm probably about to get shot down for defending Ananda (I normally gloss over when reading Ananda's posts), but makes a good point regarding bargain share price - suitor may as well just buy the company given its main focus is MED3000. Never say never!
The most successful companies are the ones who identify a lead product/proposition and then focus the vast majority of their time on that. Never spread a small team too thinly - avoid distractions. Always establish a strong core revenue stream first before getting carried away on other items. OK, so it has taken some time(!) but FUM appears to be doing exactly the right things to maximise its chances of success at the moment. Just re-watched the Ken James interview - he has always been good with words, but his latest one is very compelling - he is 'in the zone'. I've also been reading up on EU OTC approvals - as long as FUM's QMS is in order and they follow advice re. the product label, I'm guessing the approval could come any time in the next month or so. Let's hope there are multiple parties interested in taking the product forward on a 'subject to' basis and that deals are just round the corner. It may be Q2 2021 before they can break into the US, but who cares if they get moving in the EU first.
yup more likely the latter, AIM is just weird sometimes
Good to see some upward movement here, and like others would like to know what's driving it. As a holder of FUM and CNA I'm having a good day in the office, despite the fact that the rest of my portfolio is down. Two unexpected rises in one day is unusual, but nice.
well said - PPI certainly turned into a bit of a free for all. I know plenty of people who received payouts who fall into the category of 'don't need it, but may as well jump on the bandwagon' and it has cost shareholders dearly. No idea when we are going to see some serious upside on LLOY.
A re rate here is long overdue, this news just solidifies that. Still underwater at 57p though.
Great stuff, exactly the sort of material needed to build up confidence. Looks very promising now
Fair point - we keep seeing/hearing the word 'priority' which generally implies speed/time is of the essence. It would be good to have some concrete information re. where the process has got to (and therefore some real confirmation of 'no issues') as a minimum, but preferably the signature as you say!
In the proactive interview Naheed said she was expecting to hear something on the LOI within a week (or less), so that would be today, Friday or possibly Monday. Could be the last chance to top-up. Google say SP is now 0.74, so could be building up in anticipation.
I managed to bring my average down to 57p over the course of the last few months, but still feels a long way back. Hoping we've got momentum to hit 45p+ from here - who knows what will happen from Friday though.
I've just added (limit order cancelled as broker is useless) at sub 0.7. How could I resist after hopingforbags' compelling story...it's as good as any other theories floating around on this board!
Only thing I could do was a 0.7 limit order, not sure whether I will grab some before close of play. It will probably open up tomorrow and I will miss out!
No trades since 2.48pm according to LSE and can't buy. What's going on? Trying to top up again at sub 0.7
yeah very positive RNS, should sail past 60p soon. INL seriously undervalued before the downturn, let alone now. Looking forward to next 12 months here.
yup, I've been with DGOC for a good while now, great dividend share and tend to ignore +/-15% sway in the SP. Sub 100p is not a bad entry level. GLA
Looks like we may have hit the bottom of the bathtub here. I would be surprised to see this drop below 0.6 (never say never), but 1.8p-3p when LOI lands depending on quality/content of the supporting messaging/news.
Good move on ditching TUI. By sheer fluke, I made a 102% profit on TUI in a matter of weeks recently, but haven't been back there as they seem to be treading water again now. BOO is a better bet for now, bit annoyed I didn't buy more last week.
This is a fairly standard/professional response IMO. Unless we get news to the contrary nothing has changed so why is the SP 0.65. It makes no sense! Maybe next week will be better